Vice President, Strategic Planning

The Bank of New York Mellon seeks Vice President, Strategic Planning I in New York, NY, to define or recommend model specifications or data collection methods. Support the research, collection and assessment of data/information in order to develop hypotheses that support basic business initiatives/issues. Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models. Leverage mathematical methods to build analytical tools to identify drivers of business performance. Interpret results of financial analysis procedures. Use analyses to develop recommendations/solutions that can be implemented and measured. Support the implementation of recommended actions. Identify, assesses and solve for business initiatives for area of responsibility. Produce written summary reports of financial research results. Leverage research to develop recommendations that address issues and are aligned to key growth objectives. Research new financial products or analytics to determine their usefulness. Perform market scans to evaluate new market technologies (primarily financial technology ("FinTech") products, and their applicability/impact on business objectives and outlook. Apply comprehensive understanding of how multiple areas across disciplines collectively integrate to contribute towards achieving project objectives. Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation. Support implementation of a recommended action. Coordinate projects to ensure cross-business collaboration. Track project team activities and deliverables and apply strategic business concepts to ensure alignment of strategy and project execution.

REQUIREMENTS: Bachelor's degree, or foreign equivalent, in Business, Finance, Economics, or a related field, and three (3) years of experience in the job offered or in a related occupation in the financial services industry. Three (3) years of experience must include: Defining and developing scope of new product offerings for strategic enterprise initiatives including prioritizing business requirements, documenting functional specifications, and defining operational architecture; Analyzing and benchmarking data inputs and results in DataLend, and performing analysis to measure long term market trends for product initiatives prioritization; Applying SQL, querying, and macro development techniques to extract data for populating financial models; Leveraging third-party data analytics and eCRM tools including Tableau, and PowerBI, Microsoft Dynamics to generate predictive insights for strategic decision-making; Constructing and validating dynamic financial models for mergers, acquisitions and strategic partnerships in Microsoft Excel, using shortcuts, multiple valuation scenarios, and sensitivity tables; and Developing pricing models for outsourced execution services based on trade data from Aladdin, and Charles River order and execution management systems.

Qualified applicants please apply online at https://bnymellon.eightfold.ai/careers and utilize reference code #70688. Please indicate "referral source - advertisement - WEB."

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary/range for this position is expected to be $160,000.00 - $185,000.00 per year at the commencement of employment. Base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

This position is at-will, and the Company reserves the right to modify the base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

BNY is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans.